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CSX railroad expects modest 2014 profit growth

By Josh Funk
Published April 16, 2014 5:15pm ET
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CSX railroad expects modest 2014 profit growth
In this March 22, 2014 picture, a crew member walks on a CSX freight train engine in Brunswick, Md. CSX Corp. reports quarterly earnings after the market close on Tuesday, April 15, 2014. (AP Photo/Patrick Semansky) | Patrick Semansky

OMAHA, Neb. (AP) — CSX railroad expects to deliver modest profit growth this year, but the impact of the severe winter will linger into the second quarter.

Officials with the railroad said on a conference call Wednesday that the improving economy and stronger domestic utility demand for coal will boost CSX’s earnings in the second half of this year and in 2015.

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Railroads Transportation